C Land News Brief

Mortgage Interest Rates Review

United Mortgage Nation  7/29/2025

NYC, Landlord raised Rent due to Broker fee burden.

브로커 피 부담 커진 집주인, 일제히 렌트 올렸다

Korea Daily   7/23/25(Wed)

• NYT and Streeteasy analyzed 1.3M rent properties and reported that more landlords increased rent and the range of increase can be a few hundreds after the ordinance that broker’s fee should not be charged to tenants.
• According to Streeteasy, the median rent at the first week of June was $4000 and it becomes $4200, 5% up, after the ordinance announced.
• The number of listings increased more than 5% of rent was 1300 after the ordinance while it was below 500 before the announcement of the ordinance.
• REBNY said the inventory was decreased and rent was soared due to the ordinance. The price for rent listings listed by big firms like Compass increased about 10-12%.

New-Home Sales Fall 6.6%.

신규주택 판매, 6.6% 감소

WSJ    7/25/25(Fri)

• Sales of new homes gained less pace than expected last month, adding to signs of weakness in a market dogged by high prices and reluctant buyers.
• Sales of new single-family homes inched slightly higher in June to 627,000 from 623,000 in May, the Commerce Department report said. Sales had been expected to come in at 645,000, according to economists polled by The Wall Street Journal.
• Compared with June of last year, sales declined 6.6%, the data showed. The weaker than- expected acceleration comes as the housing market struggles to gain demand amid record-high home prices. Existing-home sales fell 2.7% on month in June to their lowest level this year, according to a report from the National Association of Realtors published Wednesday.

Sales slow due to high interest rates,
prices are high .

고금리에 주택 거래 주춤… 집값은 최고치  

Korea Daily  7/25/25(Fri)

• According to NAR recent report, home sales in June reached 3.93M year-over year which is 2.7% down from the previous month.
• More market watchers are increased due to high interest rates and high prices while over all economy is worried.
• Median price in June rose 2% from the last year to $435,300, which is record high.
• Lawrence Yun at NAR said the housing market hit the bottom and the lowering interest rates below 6% will trigger 160,000 buyers to get into the housing market to boost the market.

U.S. Existing home sales

Investors Fill Void Housing Market

      기관 투자자들, 조용한 주택시장을 틈타…

WSJ    7/28/25(Mon)

• Individual home buyers are largely locked out, but investors are buying, and dominating the market.
• So far in 2025, investors who buy homes to flip or rent out have made up about 30% of purchases of both existing and newly built single-family homes, the highest share on record, according to property analytics firm Cotality, which started tracking the sales 14 years ago.
• This buying group was once flooded with large private-equity firms such as Blackstone and Starwood Capital Group.
• But in the first half of this year, small investors, who own fewer than 100 homes, made up about 25% of these home purchases, while large investors accounted for about 5% on average, according to Cotality’s data. This shift happened mostly because large investors and traditional home buyers have slowed down while small investors are holding steady.

National Builders Trim High End of Revenue.

대형 주택건설 회사들, 조심스러운 예상  

WSJ   7/23/25(Wed)

D.R. Horton lowered the high end of its revenue outlook after third-quarter results declined from a year earlier, extending a challenging period for the company as the broader economy continues to weigh on the housing market.

The home builder now expects revenue between $33.7 billion and $34.2 billion in fiscal 2025, compared with prior guidance in the range of $33.3 billion to $34.8 billion.

PulteGroup saw results weaken in its latest quarter as fewer homes were purchased, reflecting a housing market that continues to struggle under the weight of low consumer confidence and challenging economic conditions.

The Atlanta home builder logged net income of $608.5 million, or $3.03 a share, for the second quarter, down from $809.1 million, or $3.83 a share, in the prior-year period.

Fewer Jobless Claims Filed

실업수당 신청 감소  

WSJ  7/25/25(Fri)

• U.S. initial jobless claims declined last week, according to the Labor Department, extending a stretch of evidence that layoffs have remained constrained.
• In the week through July 19, 217,000 people newly filed for unemployment benefits, compared with 221,000 the week before. Economists polled by The Wall Street Journal had been forecasting 227,000 initial claims.
• The number of continuing claims, a gauge of the size of the unemployed population, rose to 1.96 million in the week through July 12, compared with 1.95 million the week before. The continuing claims data lag behind the data on new filings by a week. A rise in initial-claims filings this spring has reversed course during the past several weeks, calming fears that the labor market has weakened dramatically.

Initial Jobless Claims

Musk says Tesla and Samsung have signed a $16.5 billion chip deal.

삼성, 테슬라 AI 칩 만들기로 합의    

CNN   7/28/25(Mon)

• Tesla CEO Elon Musk said the U.S. automaker had signed a $16.5 billion deal to source chips from Samsung Electronics, a move expected to bolster the South Korean tech giant’s loss-making contract manufacturing business.
• Samsung’s shares jumped as much as 6.8% to their highest since September last year after news of the deal. Tesla shares were up 1.9% in U.S. premarket trading.
• Musk said Samsung’s new chip factory in Taylor, Texas will make Tesla’s next-generation AI6 chip, potentially re-energizing the project that has faced long delays amid Samsung’s difficulties in retaining and attracting major clients.